Tuesday, September 2, 2025
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
No Result
View All Result
Home Digital payments

PayWay Ethiopia has received a six-figure grant from Li-Way to create jobs through digital payments

Tech Gist Africa by Tech Gist Africa
05/02/2021
in Digital payments, Fintech, Funding, News - East Africa, Partnerships, Startups
0 0
0
Payway Ethiopia

Payway Ethiopia

0
SHARES
Share on FacebookShare on Twitter

A funding agreement has been signed by PayWay Ethiopia, a digital payments solution firm, to be one of the Li-Way program’s implementing partners.

LI-WAY is a five-year project led by SNV Netherlands Development Organisation, MercyCorps, TechnoServe, and Save the Children International, and implemented by a consortium of partners.

It’s a program aimed at reducing poverty in Addis Ababa while also improving gender ties and social stability.

The program’s specific goal is to improve the lives of 200,000 people living in poverty, with women accounting for 50% of the population and youth accounting for 75%.

LI-WAY intends to accomplish this by focusing on increasing their income and expanding their economic opportunities in Ethiopia.

The consortium has been searching for service providers in capacity building and financial facilitators in order to introduce the Li-Way Digital Payment for Jobs Creation intervention.

PayWay Ethiopia will contribute by creating employment for payment agents and facilitating payment in Ethiopia. SNV Li-Way, Awash Bank, and iceaddis are among the other implementing partners.

PayWay Ethiopia also believes that the newly formed partnerships would enable it to communicate with local services such as utility payment, for which it already has an established and tested system.

In terms of expanding operations, PayWay Ethiopia will be able to integrate its payment system with Awash Bank as a result of this collaboration.

For float management, the PayWay mechanism is already linked to the Bank of Abyssinia.

“This funding agreement will help us grow our operations,” Payway Ethiopia’s Managing Partner, Hilina Damte, said. We will be able to hire, train, and equip new agents to help Ethiopians use instant payment systems.”

PayWay Ethiopia currently has 50 agents, and with this partnership, it hopes to raise that number to 1,000.

Read more on Tech Gist Africa:

Ensibuuko, a Ugandan fintech, has received a $1 million seed investment from FCA Investments to help it expand across Africa

Kashat, an Egyptian fintech startup raised funding round from Cairo Angels

 

ShareTweet
Plugin Install : Subscribe Push Notification need OneSignal plugin to be installed.
Tech Gist Africa

Tech Gist Africa

Tech Gist Africa is a new media and technology news platform that focuses on the untold stories of innovative ideas closely connected to technology news from Africa.

Related Posts

Munify Egypt
Funding

Munify Secures $3M Seed Funding to Revolutionize Cross-Border Banking for Egyptians Abroad

by Tech Gist Africa
09/01/2025
0

Munify, a cross-border neobank tailored for the Egyptian diaspora, has raised $3 million in seed funding led by Y Combinator,...

Read more
Uncovered Fund and Monex Ventures

Uncovered Fund and Monex Ventures have launched a $20M Fund

09/01/2025
Hypeo AI Morocco

Hypeo AI Secures Strategic Investment to Transform Influencer Marketing in Africa and the Middle East

09/01/2025
Senegal BOAD

Senegal Partners with West African Development Bank to Propel Digital Transformation

09/01/2025
Deep.SA Saudi Arabia

Deep.SA, a Saudi Arabia’s AI startup  Raises $1.2M in seed funding

08/22/2025
Next Post
MEST GHANA BOSEA

MEST Express Accelerator Program and Mastercard Foundation award grants to three Ghanaian startups

Meta Group Electric Vehicles KEnya

Meta Group has launched Kenya's first electric commercial delivery vans

RWANDA DEVELOPMENT BOARD

Rwanda is launching online learning programs to help its citizens develop their skills

No Result
View All Result

The Big 5

ITIDA Egypt

Egypt’s Start IT Programme Welcomes Eight Innovative Startups in 47th Cohort

by Tech Gist Africa
09/01/2025
0

...

startup africa

Innovate47 Launches Food & Agri Accelerator to Empower African Startups

by Tech Gist Africa
09/01/2025
0

...

Dubai AI Accelerator

Dubai’s AI Accelerator has opened Registration for the “Future of AI in Government Services Accelerator” Program

by Tech Gist Africa
09/01/2025
0

...

Presight AI-Startup Accelerator

Presight AI-Startup Accelerator Ignites Global Innovation in Abu Dhabi

by Tech Gist Africa
09/01/2025
0

...

African tech ecosystem

Africa’s Growing Role in Global Tech Partnerships: Collaboration with Silicon Valley and Beyond

by Tech Gist Africa
08/25/2025
0

...

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

Copyright © 2020 Techgistafrica. All Rights Reserved

No Result
View All Result
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact

Copyright © 2019 TECHGISTAFRICA. All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.